Sep 25, 2012 6:00am EDT
reserves of shale gas. and spokesman for mitt romney says the obama administration should formally their china a currency manipulator. semiannual report due on the topic released by treasury in mid october. >> it had stopped for a while and yuan was slowly moving up, but then with all the pressures with their economy, it's kind of turned around. >> when you start messing around with china as a political football on either side, election nearing and -- >> and tensions between china and japan got pretty bad. i heard the lexus is going to be slowing down production because wealthy people don't want to buy a japanese luxury sedan. >> a lot of people that were wealthy aren't quite as wealthy as they used to be. i think trump was always railing about china, too. >> in other news out of washington, the white house is reportedly prepare to go direct federal agencies to develop guidelines for owners of power, water and other infrastructure facilities. it would give the agencies 90 days to propose new regulations and create a new cyber security council at the department of homeland security.
Sep 27, 2012 6:00am EDT
-founder and romney supporter tom stemberg. no one understands the swing state of ohio better than senator rob portman. he'll be joining us from cincinnati. but before we get to all this, and believe me, this is a lot to get on today, let's get you up to speed on this morning's other top headlines with andrew. welcome back. >> thanks. we haven't even talked about football, but i hope we get a chance to. china central bank reportedly injecting 57.9 billion into money markets. regulators are struggling to maintain liquidity without the injection. speaking of china, the country's largest listed steel maker has suspended output at a plant as the economy slows and demand weakens. meantime 40% of china's iron ore mines are standing idle as steel prices have crumbled. and loans to firms and households fell more than expected. ecb staying loans to the private sector fell 0.6% from the same month a year ago. italy's borrowing costs falling at a bond auction today. analysts say the auction shows nand for italian government paper remains healthy. and eu regulators are prepare to go charge microsoft for failing t
Sep 28, 2012 6:00pm EDT
. this is the most important piece of data this week. and maybe this year. if you're mitt romney. we had a downbeat number last time but it didn't hurt the market that badly because the fed then committed to a full-out war against deflation. we can't expect the fed to come out this time and say something positive because they're not scheduled to speak. look out below if the employment report is weak. because i think we could get hammered. i don't like to enter on a downbeat note. but i'm a realist on the show. on tuesday cramer fave powermaker pvh, happy analysts day. we've been huge barks of their ceo and he has often used these kinds of events to telegraph better than expected numbers. last time we spoke to him he was very optimistic. we need to be sure that the positive tone continues because retail and banking have been the two stalwarts then oil in the last quarter. by monday we'll be in a new month and new quarter. the central bank inspired optimism isn't going away anytime soon. next week we got a bunch of big picture data points both domestically and europe. if they turn out badly particula
Sep 26, 2012 6:00am EDT
. but pointless, really. going to lose to the reds one way or another. >>> both president obama and mitt romney will be in ohio today. the story behind that swing state. >>> welcome back. take a look and you'll see that the dow futures are slightly higher. s&p futures up by close to two and a half. this comes after the market ended on its weakest levels of the day yesterday. yesterday was the worst day for the month of september for the dow. it was the worst day in two months for the nasdaq and it was the worst day in three months for the s&p 500. all of that kind of playing out overseas as well. in europe this morning, you are going to see some red arrows. a lot of concern about what's happening as protests pick up in spain, and you see more concerns coming in greece right now about austerity measures. the german dax is down by about 1.5%. the nikkei in japan was down by 2%. >>> in "sporting news," the atlanta braves are on their way to the postseason in. the boft the ninth against the marlins last night, freddy freeman connected and takes it to straight center for a walk-off homer. exciting.
Sep 24, 2012 6:00pm EDT
i'm bara this message. ck o romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers. mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? we're sitting on a bunch of shale gas. there's natural gas under my town. it's a game changer. ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >>> it is time! it's time for the "lightning round." are you ready? start the lightning round. going to start with cory in arkansas. cory? >> caller: hey, orange county, but close enough. longtime listener, firs
Sep 26, 2012 6:00pm EDT
. >>> seconds away on the "kudlow report," mitt romney's dialing down tax cuts. it is a huge mistake. more troubles and violence in spain and greece. why is everyone attacking and trying to deny his first amendment free speech right? "kudlow report" is moments away. >>> that was one tough atonement session. i like to say there's a bull market somewhere, i promise to try to find it for you here on "mad money." i'm jim cramer and i'll see you tomorrow. hey, larry, what do you have for us? >> all right, jimmy, mitt romney pulling back on his tax cuts. i have three words for that. wrong, wrong, and wrong. good evening, everyone, i'm larry kudlow, this is the "kudlow report." mitt romney and president obama both hit the trail today as they battle through the key swing state of ohio. but incredibly, romney dialed back his position on tax cuts today. take a listen. >> by the way, don't be expecting a huge cut in taxes because i'm also going to lower deductions and exemptions. >> no meant no. wrong idea. people need a tax break. middle class people need a tax break. i said on this show and wrote i
Sep 24, 2012 3:00pm EDT
you with us. it's a referendum on taxes but as candidate romney said some months ago down in florida, if 47%, 46% of the households are already paying no taxes, is his message of lower taxes going to resonate with that significant portion of the electorate? >> i actually think that message does resonate. most americans know instinctively higher taxes mean slower growth, fewer jobs. whether you're paying income taxes, everyone has a strong interest in robust economy and a low tax rate is part of that. >> sir, if obama wins re-election, will republicans have to give up on their no tax hike position? >> the question is not really whether they'll give up. no, they don't have to give up. the problem is all the bush tax cuts run out automatically. republicans could vote to extend them unless the president is willing to sign that extension. then they run out. that, by the way, could have happened in 2010. the only reason we were able to avoid it then is the president, i think, wisely decided the economy was too weak and we bargained with him. gave him an extension of unemployment benefits i